The value of information in Supply Chain Management

The following discussion agenda is on the value of information in Supply Chain Management:

1. The notion of the "value of information"
2. The Bullwhip effect
• Quantify the bullwhip effect
• Assess the impact of centralized information on the bullwhip effect
• Methods for coping with the bullwhip effect
3. On effectiveness of forecasting
4. Information for the coordination of systems
5. Locate desired products
6. Lead-time reduction
7. Information and supply chain trade-offs

Reference
Semchi-Levi, D., Kaminsky, P. and Simchi-Levi, E. (2003) Designing & Managing the Supply Chain, McGraw-Hill [Chapter 4: The value of information]